StartupsInc42about 2 hours ago
Tonbo Imaging IPO Subscribes 1.47X on Day 1
2 min read
Defence tech startup Tonbo Imaging's IPO received 1.47X overall subscription on Day 1, driven by non-institutional investors. Operating revenue fell 22.7% to ₹362.6 Cr in FY26, while net profit dropped 30.2% to ₹50.8 Cr. The ₹852.1 Cr issue closes on October 19.
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